News

ExxonMobil is warning that “sustained investments are more important than ever” in oil and gas, with its newly released Global Outlook report projecting a dangerous mismatch between supply and demand if capital dries up. The report, titled ‘Our view to...

Puffer Guyana has opened a new 22,000-square-foot facility at the Guyana Shore Base Inc. (GYSBI) Houston Estate Annex, investing millions to bring advanced valve maintenance and repair services to the local oil and gas sector. Speaking to OilNOW on the...

UAL (Universal Africa Lines) has introduced the UAL Caribbean Shuttle, a fixed 9-day loop service linking Point Lisas (Trinidad & Tobago), Georgetown (Guyana), and Paramaribo (Suriname). The new service responds to increasing demand for reliable, multipurpose shipping options in...

When Timothy Ramkissoon joined TechnipFMC in 2017, oil and gas activities in Guyana were now picking up. “My story is a bit interesting, because when I joined, I was one of the first Guyanese hires in oil and gas,” he...

The first cargo from ExxonMobil Guyana’s newly commissioned Yellowtail oil project is bound for the Netherlands, one of the leading destinations for Guyana’s crude, according to OilX, a flows intelligence firm. OilX initially flagged the Yuan Bei Hai tanker as...

Guyana is among a group of countries that have introduced sweeping changes to their petroleum laws in a bid to stay competitive for upstream investment, according to GEOExPro, a worldwide energy magazine and online publication. The publication reported, “Jurisdictions like...

ExxonMobil Guyana Limited (EMGL) began Autonomous Underwater Vehicle (AUV) surveying operations in the Stabroek Block on August 20, 2025.  According to a recent notice from the Maritime Administration Department (MARAD), the exercise is scheduled to run until September 30, 2025,...

Suriname’s state oil company Staatsolie announced it will open a new offshore licensing round on November 24, 2025, giving investors the chance to bid for open acreage under flexible contract terms. The Open-Door Offering will allow companies to select their...

MODEC Guyana Inc. has announced that it is seeking a subcontractor to provide industrial gas supply services for its operations in Guyana. The company said the subcontractor will be responsible for ensuring high standards of material quality, supply reliability,...

Oil is a major discussion point ahead of Guyana’s September 1 general election. The ruling People’s Progressive Party/Civic (PPP/C) is campaigning on a platform of continuity, while opposition parties vow to impose stricter oversight and secure a greater share...